2merkato

Ethiopia is working together with China to tap its potentials in the digital economy, online trading, and supply chain development, Ambassador Teshome Toga revealed. According to the Ambassador, the cooperation on these sectors was independent of the Belt and Road Initiative (BRI).

During an interview with Xinhua in early July this year, Huria Ali, State Minister of the Ministry of Innovation and Technology, related that Ethiopia and China were enjoying growing cooperation in the digital economy sector as giant Chinese companies introduced advanced telecom technologies to Ethiopia. “When we say we will build a digital Ethiopia, it does not mean we will do it by ourselves but with the support of our partners”, she stated.

The Ethiopian Investment Commission (EIC) has launched a new project to attract investment in the country's agro-processing sector. The project, which is supported by the International Finance Corporation (IFC), will focus on lead generation, outreach, follow-up, and conversion.

Ethiopia has earned a revenue of $1.33 billion in the first six months of the Ethiopian fiscal year that started in July 2019. This is 80 percent of the target set, the Ethiopian Ministry of Trade and Industry announced.

Ethiopia's eight months exports have earned the country $1.8 billion, the Ethiopian Ministry of Trade and Industry announced.

Ethiopian Ministry of Trade and Industry announced that Ethiopia earned some $2.67 billion from export in the recently concluded fiscal year of 2018/9.